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United States · Bill · HR

H.R. 5510 (106th)

Circulating Currency Simplification and Cost-saving Act

referredUnited States· United States Congress· EN

Introduced

19 October 2000

Last action

Status

Referred to the Subcommittee on Domestic and International Monetary Policy.

Sponsors

Subjects

Discovery layer

Source updated

20 August 2025

Summary

Circulating Currency Simplification and Cost-saving Act - Declares that: (1) all Federal reserve notes issued by the Board of Governors of the Federal Reserve System shall be the obligation of the United States and be deemed to be U.S. currency notes; and (2) all Board assets and liabilities with respect to the issuance of such Federal reserve notes shall be transferred to the Secretary of the Treasury, and be assets and liabilities of the United States.

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Documents

3 official files

Introduced in House (text)

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Sources

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